The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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11 likes on my latest post, I feel dizzy, should I become an influencer? :)
The algo ***** can be revealed: q u i n t u p l e.
This by the way bodes well for all energy sectors, especially energy storage, smart grid solutions and maintenance...there are some ETFs but are very small and illiquid, just saying. As for entry level I have no idea, I am using sub 33 but what do I know, my TLW equity position is still small, about 25% of one year coupons on my tullow bonds, and starts from a very wrong 52p all the way down to 31....patience folks this is not going to rocket anytime soon unless Anton digs a motherf****r secret post or one of our lovely African govvies takes any damn decision.
Another day in the bloodyredbaron arena of fun and fights
If so it augures well..
I still find the timing of the Tullow exit here and the Total exit from kenya too coincidental not to be related myself
For context Tullow exited the orange basin which is a stones throw from where the potential 10 billion barrel discovery was made. The Mopane field is located in the Orange basin, along Namibia's coast, where Shell and France's TotalEnergies have made several oil and gas discoveries. Very poor business move from tullow leadership.
In 2022 this was Rahuls comment when they left -No regrets’: Tullow boss explains reasons behind Orange basin exit in Namibia
London-listed independent quit a block directly north of TotalEnergies’ 3 billion barrel Venus discovery
Ironic that tullow excited those Namibia oil fields all those years ago. https://www.reuters.com/business/energy/portugals-galp-says-field-off-namibia-could-contain-10-bln-barrels-oil-2024-04-21/
Yeah- cuts good, for SP no cuts bad for SP
It will push us up:)if there is any interest cut at one point dollar will collapse,no more interest cuts
@jayroz I'd leave it for a bit. US interest rate decision is 1 May. Sentiment is reported as being against rate cut so that'll push us down.
It's as good a theory as any.
What price to buy more?34?
B ug ger, I've not nailed it, to be fair it did seem to be a stretch
I'm going to try it, I'm too excited to wait. Here we go sextuple (s e x t uple)
That one's got me J Bond '*****uple'. Do love this algo, was it 's e x t'?
This time next year Rodney, we will be........................
i read that ai alone by end 2025 will consume as much electricity as japan!! and that ai energy consumption is expected to *****uple (!!!) by end 2030. jp morgan has just released paper stating that real reduction in oil and gas annual consumption worldwide can be achieved only in a few generations (!!!) let's take the blinders of mass media b/s off and be realistic: our little tullow will have a very good fcf for many years to come, and once debt reduced all value will go to shareholders. build up on weakness instead of hoping to get rich fast :)
@seakingalpha Not sure what triggered the speech , but the share price is dropping still. You'll note I didn't comment on long term prospects.
So the amazing performance of the bonds does not impress you ? Or the Glencore facilty? Or the news that Jubillee is back over 100bpd gross…or that BAML changed to a buy tack ? Or that debt repayment is well ahead of schedule? Or that the oil price at this level would be fabulous for royalties from Uganda ? Or that we should shortly benefit from two submitted FDPs awaiting final sign off from host governments in Ghana or Kenya worth collectively multiples? on the current share price. Perhaps you can point me to some other stock on 1 times cash flow to market cap….? No , didn’t think so. Rahul may have the charisma of tax inspector but value is being created. I can understand the frustrations of those that would have preferred to pursue the valuable exploration acreage in Namibia , Guyana, etc….but the market was risk off and insisting on a resolution to the debt situation. Not being in control of our finances has already cost us $600m of mark to market hedging loses since the last bond refi ….no point getting burnt again.
My only real criticism of Rahul is that he does not want to put his reputation on the line by talking about situations beyond his control , like political decisions affecting approvals. By adopting this policy and having to write down assets like the Ten field in the intermediate period…he is short changing the returns of shareholders on anything other than a long term view. IMO of course !
Macrohard >> microsoft
Are going to rain from sky is blues.
Reality is what it is not how you wish it were shortie ;)
I think it's just going to drift down to around 28 unless any good news happens,
It's Tullow. That's what it does.
Sowwy :(
I don't talk to shorters, foolish words deaf ears. Talk to my hand.
TLW tried to sell the Kenya asset, but there were no takers.
100% Kenya is more valuable.
Go f*** yourself!
Expect sp to remain flat until the next big date on the calendar , 16/05/2024 for earnings. Will be interesting to see how much of an impact the rise in oil prices has impacted on tullows earnings.